More

    New Franchises Registration slowed in the last 12 Months

    Must Read

    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    The Costa Rica News (TCRN) – The number of new companies that were registered as franchises grew at a slower rate in the last12 months ending in August, up by 5.4% as against 9% and 17% in the two previous periods.

    Between July 2012 and August, Costa Rica had 12 firms that entered in that format, according to the Fourth Franchise Sector study, presented yesterday by the Chamber of Commerce of Costa Rica (CCCR).

    However, in August 2012, the increase was from 32 companies and in August 2011, 17.

    The franchise is a grant of rights to exploit a product or business. In return you receive a down payment and agrees to obtain a percentage of profits or a lump sum.

    These types of companies generated a total of 27,000 direct jobs, of which 21,381 are foreign brands and the rest on premises.

    72% of national franchises ask for an initial fee of less than $50,000. LN

    The Costa Rica News (TCRN)
    San Jose Costa Rica

    Resonance Costa Rica
    Shifting Reality
    For those who have experienced shifts in consciousness and know that more peace, joy, and love awaits in a better living environment. A bold shared vision. A living community and hub for innovation. A sustainable ecosystem for living and working. A model for the new future.
    - Advertisement -

    Subscribe to our newsletter

    Get all the latest news, events, offers and special announcements.

    Latest News

    How to Overcome Gym Intimidation if You’re a Beginner

    Have you heard of gymtimidation? If you are a beginner at the gym, it is likely that you experience...

    More Articles Like This

    Language »